UK slaps sanctions on three crypto exchanges over alleged Russia links

Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the Kremlin-backed A7 network.

Source: CoinDesk

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DW NOTE

The UK sanctions three exchanges and two payment processors — all accused of handling transactions through A7, a Kremlin-backed ruble stablecoin network. Sanctioning the rail means nothing if the Treasury can't identify the trains. Every A7 transaction leaves a chain signature; if the Foreign Office had forensic evidence tying specific wallets to specific evasion flows, it would have published addresses, not company names.

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